Verastar snap up the BEST TELECOMS & NETWORKS awardWe’re pleased to announce that we attended the Megabuyte50 Awards in London last week and added an award to our cabinet.

We swooped the top award for ‘Best Telecoms & Networks’ within the Best Performing Company category at the awards hosted by independent technology sector research provider, Megabuyte. These coveted industry awards are now held annually to recognise the top 50 best-performing private companies in the technology sector.

Using the Megabuyte50 Private Company Scorecard methodology, which was launched last year, the awards are adjudicated and published annually.  They serve to rank the performance of privately-owned mid-market companies in the UK’s Software and ICT Services sectors. Megabuyte uses its proprietary scorecard methodology which examines and contrasts the performance of businesses against seven key financial KPIs.

CEO, Chris Earle said: “We are delighted to win the Megabuyte50 Award 2016 for Best Telecoms & Networks. Our vision to be the supplier of choice for small businesses of their recurring services by aggregating them onto a single platform has been recognised by receiving this prestigious award.  To be considered the best performing company in our category is a testament to the hard work and ongoing contribution of the whole team.”

The Megabuyte50 annual awards differ from other growth awards in terms of the superior rigour of their financial analysis. There is a specific and robust focus on technology companies and due to this the scorecard methodology is widely regarded as an influential sector benchmarking reference.

Chris Earle added: “Winning this award has confirmed our belief in our strategy. It affirms that providing a great service and adding other beneficial services to our customers’ portfolios – in turn increases loyalty. It’s a tremendously powerful model which is coming to fruition.”